Professor Robert Salomon comments on the impact of GM's 2014 recall on the company

— March 22, 2017

Excerpt from CCTV -- "The recall happened in 2014 for models that were from 2001 to 2009. So many consumers looked at that and said, 'those are for older cars'. So even though GM sales did not go down on its new cars and new models after that recall, there was a significant drop in the sales and the sale prices of those second hand models."